EU Dominates Global Trade, Pushes Out NAFTA and Japan. Good News Ahead!
The European Union has maintained its top spot in international trade despite challenges like trade conflicts and protectionist measures. Recent data shows a decrease in the export share of NAFTA and Japan. The EU's balanced trade policy has helped it stay active globally and maintain a positive trade balance. There are hopes for improved trade relations between the EU and Russia. New statistical data has been introduced to support these findings.